Indigo Minerals II LLC has retained BMO Capital Markets to sell all of its mineral interests in the Williston Basin in North Dakota and Montana.
The package includes working interest in 2,581 net acres in lands with unleased minerals, royalty interests or full participating interests. The working interest has no royalty burden.
Net production in September was 109 barrels of oil equivalent per day. Proved reserves are 595,000 barrels equivalent (169,000 barrels proved developed producing), proved and probable reserves are 1.03 million barrels equivalent and proved, probable and possible reserves are 3.6 million barrels equivalent.
The bid due date is Nov. 17. Contact Miles Redfield, 713-546-9715, miles.redfield@bmo.com.
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